---
title: "Asset Valuations for Statutory Financial Reporting"
ocid: "ocds-b5fd17-593bf06b-b69c-4dee-a6b9-1844999f7db9"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-593bf06b-b69c-4dee-a6b9-1844999f7db9"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-593bf06b-b69c-4dee-a6b9-1844999f7db9.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-593bf06b-b69c-4dee-a6b9-1844999f7db9.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "CHERWELL DISTRICT COUNCIL"
published: "2023-10-06"
---

# Asset Valuations for Statutory Financial Reporting

Buyer: CHERWELL DISTRICT COUNCIL  
Current stage: Tender  
OCID: ocds-b5fd17-593bf06b-b69c-4dee-a6b9-1844999f7db9

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-593bf06b-b69c-4dee-a6b9-1844999f7db9)  
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## Summary

The Cherwell District Council is seeking asset valuations for statutory financial reporting. The procurement falls under the services category, with a deadline for tender submissions set for 9th November 2023. The contract period runs from 1st December 2023 to 30th November 2026. The buying organisation, Cherwell District Council, is based in Banbury, ENG, and the procurement method is an open procedure.

This tender opportunity for asset valuations presents a chance for qualified valuation professionals to engage with Cherwell District Council on a 3-year valuation schedule. Businesses providing accounting review services are well-suited to compete for this tender with a specific focus on maintaining current and accurate asset valuations in compliance with financial reporting standards.

## Notice

Under the CIPFA Code of Practice on Local Authority Accounting, Cherwell District Council (CDC) is required to undertake professional valuation of any asset it holds under the revaluation model (IAS16 and IAS40, as adapted by the CIPFA code) for financial reporting purposes. The valuations are required to be undertaken by suitably qualified valuation professionals and at a frequency that ensures the book values declared in the Council's accounts are current and materially accurate. The council intends to operate a 3-year valuation schedule to ensure that the values remain current and materially correct.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/88377fbc-c926-4ebe-a4a1-fed8fb2f00d0 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 6 Oct 2023 |
| Submission deadline | 9 Nov 2023 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 1 Dec 2023 - 30 Nov 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Active |
| Lots status | Not specified |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | CHERWELL DISTRICT COUNCIL |
| Locality | BANBURY |
| Post town | Oxford |
| Postcode | OX15 4AA |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ1 Berkshire, Buckinghamshire and Oxfordshire |
| ITL 3 | TLJ14 Oxfordshire CC |
| Local authority | Cherwell |
| Electoral ward | Adderbury, Bloxham and Bodicote |
| Westminster constituency | Banbury |
| Delivery location | Not specified |

## CPV Codes

### Divisions

- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 79212500 - Accounting review services

## Release History

- 6 Oct 2023 at 17:47 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/88377fbc-c926-4ebe-a4a1-fed8fb2f00d0

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/88377fbc-c926-4ebe-a4a1-fed8fb2f00d0
  6th October 2023 - Opportunity notice on Contracts Finder
- https://uk.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=73587&B=CHERWELL
  Additional data
- https://uk.eu-supply.com/ctm/Company/CompanyInformation/Index/146564
  User / Company

## Notice URLs

- https://www.cherwell.gov.uk/

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-593bf06b-b69c-4dee-a6b9-1844999f7db9. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-593bf06b-b69c-4dee-a6b9-1844999f7db9.json.